CMP EXPECTS MAINERS TO FALL FOR THE SAME BAD DEAL TWICE

 

FOR IMMEDIATE RELEASE

CONTACT: Tom Saviello, stopnecec@nocmpcorridor.com

CMP expects Mainers to fall for the same bad deal twice

FARMINGTON - Today it was announced that CMP and Governor Mills entered into another round of private negotiations to repackage the previous "benefits" package, since polls show that Mainers didn't fall for it the first time around. But this is the exact same package as before. See below:

Today:

https://www.pressherald.com/2020/07/10/facing-referendum-cmp-corridor-backers-negotiate-258-million-incentive-package-for-mainers/


February 2019:

https://www.pressherald.com/2019/02/06/cmp-sweetens-the-pot-for-new-transmission-corridor/


Please also note that the PUC has granted CMP $4.23 in rate increases this year alone, demonstrating just how easily CMP could eliminate savings with future rate increases.

"This new package is nothing more than smoke and mirrors designed to deceive Mainers ahead of the November vote," said Tom Saviello.

"Under this deal, Mainers still get pennies while two foreign corporations make billions. Further, the forestry and tourism industries critical to western Maine's economy will suffer. Today's announcement changes absolutely nothing; this was a bad deal when it was first reached, and it remains a bad deal today."

Please note

  • CMP will make $2.9 billion over 20 years, $145 million annually, $12 million per month
  • HQ will make $12.4 billion over 20 years, $620 million annually, $51 million per month

Mainers get pennies!!!

 

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